13 March 2023 | 21 replies
Don't be concerned with market fundamentals, things will never calm down because the market is constantly changing.
22 March 2023 | 2 replies
NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible for the program but check it out for yourself.https://www.naca.com/2.
17 September 2017 | 5 replies
No one on this thread has talked about researching the fundamentals in your neighborhood (e.g. job growth, population growth and demographics, RE and rental market trends, schools, planned development, current and future zoning and lot development potential, etc.) or how to calculate your COCR or cap rate, or even the fact that you said you're not interested in earning a big profit right now.
15 February 2020 | 61 replies
And it is the fundamental reason why I ultimately chose to explore providing more affordable housing throughout the country.The land-lease model brought forward in MHCs can be a mutually beneficial scenario.
19 July 2021 | 15 replies
The second unit must meet specific criteria to either 1) meet green building standards or 2) be an affordable unit reserved for income-eligible households.
24 September 2021 | 7 replies
Checkout links the source section (7) 8) Bitcoin's technology applied to real estate could make real estate the next stock marketWhile explanation is of the underlying principles is beyond the scope of this article, the fundamental concepts behind backing this transformation will be blockchain, smart contracts and tokenization.
1 April 2023 | 15 replies
Here are a few things to consider:Loan eligibility: When you apply for a mortgage for your own home, lenders will look at your debt-to-income (DTI) ratio, which is your monthly debt payments divided by your monthly gross income.
1 February 2006 | 3 replies
Also, my personal risk tolerance says that if you cannot afford the 20% down, then the property is out of your price range unless you know something specific, and fundamentally amazing, about this property that nobody else does that makes it the one-in-a-million find.
31 August 2022 | 5 replies
Here are the top 20 that my clients utilize.1031 Exchange and 721 Exchange - To help preserve wealthOpportunity Zone Fund - Allows you to defer, eliminate or reduce gainsTax Structure - To increase tax efficienciesBifurcated Depreciation - To help maximize investor tax efficienciesUpReit - A cashout strategyAcquiring Losses in Existing Real Estate Fund - Buying tax write-off for your investmentsSolar Tax Credits - Tax deduction for up to 26% of the cost of a solar energy systemNew Market Tax Credits - Tax credits for investing in qualified equity investments in designated Community Development Entities (CDEs)Design Tax Credits - Maximize architects and developers tax efficienciesEnergy Efficient Tax Credits - Properties that qualify as energy efficient could receive a tax credit of $2,000 per unit or dwellingCharitable Contributions - Tax deduction of up to 60% of your Adjusted Gross IncomeBrownfields Grant - Tax credit for the cost of eligible cleanup expenses in the year they are incurred.Historic Tax Credits - Rehabilitation tax credit for up to 20% of the cost of the rehabTIFS - Receive a refund for helping finance a development in a specific areaDispositions - Dispose of the abandoned or retired assets therefore reducing taxable incomeCell Tower Income - Negotiate in your contract for the carriers to pay the real estate taxes on the cell towerLoss Development Rights - Conservation easement resulting in a deduction of up to 50% of AGIAir Rights - Is considered a like-kind property thus the purchase or sale is considered a like-kind exchange for tax purposesProperty Tax Abatement - Reduce property taxes on new construction, major property improvements or rehabilitation of propertyFacade Easements - A conservation easement to preserve the character of a historic building and is treated as a charitable contribution What tax incentives/strategies do you or your company utilize?
31 March 2023 | 13 replies
Hi Jeanelle, I'm hyper focused on vacation rentals and investment properties on the OR coast, we keep an up to date list of all eligible/permittable rentals from Brookings North as well as multi units.